Reply to Why pay all of kids' college?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]All I know is by the time my kids are old enough to buy a house, the average price is north of $1 million around here. If they are saddled with loans, they will never own a home.

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[b]Why can't they just move to a low cost of living area?[/b]It's how my MD brother in law paid his full med loans off. Why do you expect your kids to buy in a million dollar house area?[/quote]

Because the marriage prospects are dismal. My sister did this to pay off her loans and she’ll probably never get married. We’re going to really try to pay for our kids’ schooling.[/quote]

Huh? Low cost of living could mean Charlotte NC or Buffalo NY. They could meet their spouse in college and move together (smart move by my siblings who shared a combined debt of loans from medical and veterinary school). It doesn't have to mean east bumble f*ck. Or it could if it is what the kid wants, so be it. Worrying about or trying to control where they live for marriage prospects sounds meddlesome.[/quote]

What is this, 2009? My sister’s house in a middling Charlotte suburb cost over 900k and she got a crappy interest rate. [/quote]

Plus, have you been to Buffalo NY?  It's miserable6 months of the year and never stops snowing---Lake effect snow is a nightmare.

My kid is nearby for college (1 hour)  and none of their friends plan to stay in Rochester---it's an amazing school but realistically they all want to head elsewhere for their careers.  [/quote]

I have - it's where some family moved to have a LCOL area while they paid off loans. They love it and are raising their kids there in a suburb of Buffalo w/ cheap houses and excellent schools. To each their own, I guess.[/quote]

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